HP slashes EDS employees' pay by 30 p.c
It is reported that the cuts are part of its efforts to integrate EDS' consulting business and to bring EDS salaries closer in line with similar HP positions
Monday, August 10, 2009
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Jim C said on 8/20/2009 11:46:58 PM:
I think the stupid thing here is the long term effect. EDS was a premier brand for consulting and IT Outsourcing. Cutting the salaries will hurt service - the off-shoring is already causing projects to take longer and (even though salaries are lower) eventually cost more. EDS has already got some bad press, and they are likely to get more. If EDS customers see they EDS deliver on time, eventually it will hurt the business and destroy the reason HP bought EDS. With ROSS Perot it was all about the people and what they delivered. Now it is cheap cost and it is getting a lot harder to deliver a quality product.
to Jim C
Jim C said on 8/20/2009 11:46:47 PM:
I think the stupid thing here is the long term effect. EDS was a premier brand for consulting and IT Outsourcing. Cutting the salaries will hurt service - the off-shoring is already causing projects to take longer and (even though salaries are lower) eventually cost more. EDS has already got some bad press, and they are likely to get more. If EDS customers see they EDS deliver on time, eventually it will hurt the business and destroy the reason HP bought EDS. With ROSS Perot it was all about the people and what they delivered. Now it is cheap cost and it is getting a lot harder to deliver a quality product.
to Jim C
Suman said on 8/17/2009 10:06:52 AM:
Its better than losing out a job!
to Suman
Collapse <div runat='server' id=Comm19012 class='CommentsContainer'><span class='commentsFrom' style='float:left;'>Rajesh Thangudu said on 8/13/2009 8:43:08 PM: </span><br/>I dont understand, why HP bought EDS and trying to spoil the employs. What are their goals on buying EDS and now why are they trying to cut the salaries. What about the employs who have the Housing loan? Did they not calculated the salaries before buying the company? Cutting the salary is stupid thing.<div class='CommentLineContainer'><input type=button onClick='MoveComm(19012,ctl00_ctl00_ctl00_cphMainContentSection_cphMainContentSection_cphSection1ContentPart_ThreadedComments1_txtPid);' value='Reply'/> to Rajesh Thangudu </div>
Rajesh Thangudu said on 8/13/2009 8:43:08 PM:
I dont understand, why HP bought EDS and trying to spoil the employs. What are their goals on buying EDS and now why are they trying to cut the salaries. What about the employs who have the Housing loan? Did they not calculated the salaries before buying the company? Cutting the salary is stupid thing.
to Rajesh Thangudu
Joe said on 8/15/2009 12:21:21 AM:
The sad thing is that we just sit there and take it all the time. HP has reduced or eliminated most of EDS benefits.
to Joe
Vikram said on 8/20/2009 1:19:21 PM:
Hello Rajesh, Did HP/EDS ask you to go for Home loan? Its purely personal decesion. I accept that HP made a mistake with EDS Now ..once again after merger Compaq and also the recession also has contributed a lot.
to Vikram
Collapse <div runat='server' id=Comm18985 class='CommentsContainer'><span class='commentsFrom' style='float:left;'>Tom said on 8/12/2009 5:39:58 PM: </span><br/>Yes, we are being replaced by Indians who lie on their resume, cannot perform their job, cannot speak English, but THEY ARE CHEAP<div class='CommentLineContainer'><input type=button onClick='MoveComm(18985,ctl00_ctl00_ctl00_cphMainContentSection_cphMainContentSection_cphSection1ContentPart_ThreadedComments1_txtPid);' value='Reply'/> to Tom </div>
Tom said on 8/12/2009 5:39:58 PM:
Yes, we are being replaced by Indians who lie on their resume, cannot perform their job, cannot speak English, but THEY ARE CHEAP
to Tom
Alias said on 9/22/2009 4:31:59 PM:
Hey Tom, You are replaced because you are dumb and lazy. Just accept that you are dumb in the head and Indians are genius. A company like HP or any other big organisation/ company does all kind of back ground check and educational checks of the shortlisted employee before they actually recruit anyone. So stop blaming around about Indian.
to Alias
ih said on 8/11/2009 3:11:28 AM:
They should cut the US salaries down to 10k / year. stupid americans
to ih
nonya said on 8/10/2009 8:54:00 PM:
What a crock. Way to go HP!
to nonya
Collapse <div runat='server' id=Comm18916 class='CommentsContainer'><span class='commentsFrom' style='float:left;'>Karthik said on 8/10/2009 4:50:19 PM: </span><br/>This is not really. We can understand the global situation now. and the companies have to react. Otherwise they wont survive. Anyway nobody is going to starve bcoz of this<div class='CommentLineContainer'><input type=button onClick='MoveComm(18916,ctl00_ctl00_ctl00_cphMainContentSection_cphMainContentSection_cphSection1ContentPart_ThreadedComments1_txtPid);' value='Reply'/> to Karthik </div>
Karthik said on 8/10/2009 4:50:19 PM:
This is not really. We can understand the global situation now. and the companies have to react. Otherwise they wont survive. Anyway nobody is going to starve bcoz of this
to Karthik
Collapse <div runat='server' id=Comm19125 class='CommentsContainer'><span class='commentsFrom' style='float:left;'>EDSr said on 8/17/2009 7:42:42 PM: </span><br/>Karthik, Apparently you do not have financial responisbilites, the day you do, please try to tell your bank from that point on you will only pay them 70% of your original agreement!, you will end up where you are rigth now<div class='CommentLineContainer'><input type=button onClick='MoveComm(19125,ctl00_ctl00_ctl00_cphMainContentSection_cphMainContentSection_cphSection1ContentPart_ThreadedComments1_txtPid);' value='Reply'/> to EDSr </div>
EDSr said on 8/17/2009 7:42:42 PM:
Karthik, Apparently you do not have financial responisbilites, the day you do, please try to tell your bank from that point on you will only pay them 70% of your original agreement!, you will end up where you are rigth now
to EDSr
Heather said on 11/30/2009 2:08:36 PM:
I think we are missing the point. This merger was political. Simply political. Job creation is being sacrificed in the U.S. to destroy "change". If we (U.S employees) starve and/or get hurt along the way, so be it.. This is shameful. To create disturbance and discontentment; give to one and take from the other.
to Heather
  
 
 


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